Carnival of Personal Finance: Little Red Riding Hood Edition

The story begins…

Once upon a time, at the edge of a great forest lies a little town, filled with gabled houses and small businesses [The Financial Blogger]. In a little house lives a little girl with her mother. The little girl’s favorite clothe was a brilliant red cape. For this reason the townspeople knew her as Little Red Riding Hood. One day, Little Red Riding Hood’s mother decided that her daughter needs to get an education in financial literacy [Family Balance Sheet]. She didn’t want to spend the money for Dave Ramsey courses [Debt Free Adventure], so she sent Little Red to learn from her Granny.

So Little Red Riding Hood began her lessons with Granny (which sometimes included Barbie doll role-playing [Monroe on a Budget]). Every week she would stay at Granny’s house, and every weekend she would go home and visit her mother. Granny is very eager for Little Red Riding Hood to develop good financial management skills, so she opened a Roth IRA for kids [The Roth IRA Guide], cautioned her against financial decisions to avoid [Grand Money], and taught her how to stop feeling guilty about little things [Minting Nickels]. Granny was a no-nonsense sort of woman, so she has prepared for her own death [Rabbit Funds] and gotten all her affairs in order.

The Big Bad Wolf

As Little Red Riding Hood crossed the Forest on her journey, she would sometimes pass the Big Bad Wolf hiding in the bushes (whom she could smell from a mile away because he had very bad personal hygiene [FruGal]!). Big Bad Wolf hated his budget [Live Real Now], never used coupons [KNS Financial] and spent most of his time wishing for payroll tax holidays [Darwin's Money], winning contests [A Gai Shan Life], having a blog as successful as TechCrunch [Intelligent Speculator], and getting promotions [Finance Your Life] (without actually working for them). One day, the Big Bad Wolf realized that if he can swindle Granny’s money out from under her, he could be “rich enough” [Financial Odyssey] to never work again.

So, one day, while Granny was out at the market, the Big Bad Wolf went to Granny’s home, and assumed her identity! When Little Red Riding Hood arrived, she realized that Granny looks very different from how she usually looks. “Of course I am your Granny,” the Big Bad Wolf said. So, Little Red Riding Hood decided to quiz her.

The Test (Editor’s Picks)

“Granny, can you tell me the advantages of online banking [FIRE Finance],” asked Little Red Riding Hood.
“Er, um, well, online banking is… online. Which makes it better than, er, off line,” The Big Bad Wolf stammered.
“Granny, what can you tell me about debt and love [Danielle Liss],” asked Little Red Riding Hood.
“Debt doesn’t matter one iota if you really love each other! The greatest lesson you will ever learn, is to love and be loved in returned!” The Big Bad Wolf answered (for he was a secret admirer of the movie Moulin Rouge)

“Granny, can you tell me why do we save? [Watson Inc],” asked Little Red Riding Hood.
“To amass as much money as possible and never spare a penny?” Guessed the Big Bad Wolf.
“Granny, how do you how to balance a checkbook [Dough Roller]?” asked the Little Red Riding Hood.
“You take a the checkbook and put it on a balance, duh!” The Big Bad Wolf answered with a flourish, sure that he had fooled the girl with this answer.

But of course the Little Red Riding Hood was too smart for these types of shenanigans. She threw her cape in his face – temporarily blinding him – then she called the Sheriff of the Forest and had the Big Bad Wolf arrested.

watsoninc -This is among the most creative carnivals I have ever had be pleasure of being apart of, so thank you immensely for all of the effort it undoubtedly took to put this one together. ReplyCancel

WellHeeled-What can I say? I am a sucker for "financial re-tellings" of children's books. Glad you enjoyed it. ReplyCancel

Carnival of Personal Finance Mention-[...] on the Well-Heeled Blog for my post on Asset Allocation for Retirement. Check out the “Little Red Riding Hood Edition” carnival of Personal Finance for other interesting articles. Hi there! If you are new here, [...]ReplyCancel

KNS_Financial-This is definitely the most creative carnival that I've ever seen. I'm glad to be a part of it! I can't imagine how much work it was trying to get all the submissions to fit! ReplyCancel

Beating Broke-Thanks for hosting. You've done a great job on the theme and story with it. With that many links to fit in, my hat is off to you for putting so much time and effort into it. Thanks, also, for including me! ReplyCancel